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Flat 7 Park Hall, The Cloisters, Sunderland, Tyne and Wear, SR2 7QB

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Residential investment
  • Let at £456 per month
  • Purpose built block
  • Two Bedroom Apartment
  • Convenient location

Description

TO BE OFFERED BY ONLINE AUCTION ON 27/03/2024 11:50

As an auction property the details are subject to change. Please check our website for any updates or addendum entries.

Description
A residential investment comprising a two-bedroom apartment positioned on the first floor of a modern and purpose built block, with two bedrooms, a bathroom, a kitchen and a living room which incorporates patio doors and a Juliet balcony. Externally, the flat is accessed via an intercom entrance and there are communal gardens to the rear. There is a lift in the block.

We understand that the flat is let at £456 per month.




Location
Location
Situated approximately 0.5mile south of the city centre, close to Ashbrooke School and convenient for the local bus routes that run along Ryhope way.

Accommodation
Two bedrooms, a bathroom, a kitchen and a living room.

Outside
Communal gardens.

Tenure
Leasehold for 125 years from 2nd January 2003 at a ground rent of £170 per annum.

Tenancies
The Receivers do not hold a copy of the AST. The tenant has informed us that the rent is £456 per month.

EPC
Energy Performance Asset Rating - D

Buyer's Administration Fee
There will be a Buyer's Administration Fee of £2,400 (inc VAT) payable upon exchange of contracts.

Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.

2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.

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Assisted bidding formLegal DocumentsOnline Bidding

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

103 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: C

Flat 7 Park Hall, The Cloisters, Sunderland, Tyne and Wear, SR2 7QB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Park Lane Metro Station0.3 miles
  • Sunderland Station0.6 miles
  • University Metro Station0.7 miles
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About the agent

Landwood Group, Manchester

Lancaster Buildings, 77 Deansgate, Manchester, M3 2BW

Landwood Group, Manchester

Landwood Property Auctions, are the online auction experts - Delivering an innovative weekly online auction service across the UK and changing the landscape when it comes to property auctions. Sell Online with us to benefit from a global audience of potential bidders, the latest digital marketing techniques, plus our hands-on personal and professional service to create more competition, better sales rates and higher prices.

The company has always used computer and internet technology,

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Industry affiliations

Royal Institute of Chartered Surveyors

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Disclaimer - Property reference 237182. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Landwood Group, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Landwood Group, Manchester on 0161 524 9187.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.

**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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